Raw gold bullion

Ended Awarded

Contract number
2031JG23F52207
Awardee
Awarding agency
Obligated
$3,142,110

Award facts

Contract value 100% obligated
$3,142,110.43 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331410 Nonferrous Metal (except Aluminum) Smelting and Refining
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian federal agency. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management.

The contract is a $3,142,110.43 firm fixed price delivery order that was awarded on August 30, 2023, with a completion date of September 7, 2023. Stonex Financial LTD has also been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and another IDV for raw gold bullion. These IDVs allow the Mint to consistently source critical precious metal raw materials from this international supplier to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52207?

2031JG23F52207 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 30, 2023.

How much is contract 2031JG23F52207 worth?

The government has obligated $3,142,110 on 2031JG23F52207.

Is contract 2031JG23F52207 an order under another contract?

Yes. 2031JG23F52207 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52207 competed?

The extent of competition for 2031JG23F52207 was full and open competition.

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